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Negligence

Language: English Series: Estates Gazette Case Summaries ; [1998] EGCS 34, 7/3/98Publication details: 1998Subject(s): Summary: "Arab Bank plc v John D Wood (Commercial) Ltd and others" QBD 20 February 1998. Bank required an urgent confirmatory valuation of an industrial estate let under a variety of tenancies. Earlier valuation was £22m. The defendant valued at £19m against `correct` figure of £16m. Discrepancy due to over optimistic assessment of future rents. Negligence claim dismissed.
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Item type Current library Call number Copy number Status Barcode
Law report London Journal article WB3410-52 (Browse shelf(Opens below)) 1 Available 84788-1001

"Arab Bank plc v John D Wood (Commercial) Ltd and others" QBD 20 February 1998. Bank required an urgent confirmatory valuation of an industrial estate let under a variety of tenancies. Earlier valuation was £22m. The defendant valued at £19m against `correct` figure of £16m. Discrepancy due to over optimistic assessment of future rents. Negligence claim dismissed.